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2978 Rainbow Drive,  Decatur GA, 30034

(Active)
$750,000
|
|
MLS# 10076215
Last Updated: 5/15/2024 8:34 PM
Description for 2978 Rainbow Drive Decatur, GA 30034
Excellent investment opportunity highly visible fully occupied shopping center. Leased, long term tenants with long term leases. This commercial property is located in a busy commercial area. Close proximity to I-285 and I-20 Interstate. Property Facts - Building 5,100 square feet. Lot size .80, plenty of parking. This investment commercial property has two retail stores and Tire /Service repair shop. All three business are long term tenants with long term leases. Cap Rate 7.9%
Price
$750,000
NONE
DeKalb
10076215
Active
Description
Excellent investment opportunity highly visible fully occupied shopping center. Leased, long term tenants with long term leases. This commercial property is located in a busy commercial area. Close proximity to I-285 and I-20 Interstate. Property Facts - Building 5,100 square feet. Lot size .80, plenty of parking. This investment commercial property has two retail stores and Tire /Service repair shop. All three business are long term tenants with long term leases. Cap Rate 7.9%
Listing Information
Property Type: Retail, Business Opportunities, Other
0.8 Acres 1979 Block
NONE
Public
Public Sewer
Electricity Available, Phone Available, Sewer Available, Water Available
Neighborhood
Room Information
Interior Features
Tile
Central Air
Other
Fire Sprinkler System
Exterior / Lot Features
15 Garage Spaces, 15 Parking Spaces, Parking Lot
Block
Other
C1
Level
Community Features
Fire Sprinkler System
Driving Directions
From I-285, Go EAST towards Augusta, Greenville. Take Exit 46 onto I-20 WEST towards Ralph D. Abernathy freeway, Atlanta. Take Exit 65 onto Candler Road, SR-155 Toward Decatur. Turn Left onto Rainbow Drive. The property will be on your Left.
Financial Considerations
15 121 02 008
$7,536
Cash, Conventional
Listing Price History

Decatur Real Estate

Decatur is located in Georgia. Decatur, Georgia 30034 has a population of 23,042.

The median household income in Decatur, Georgia 30034 is $57,102. The median household income for the surrounding county is $67,334 compared to the national median of $66,222. The median age of people living in Decatur 30034 is 38 years.

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Courtesy: BHGRE Metro Brokers
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Georgia MLS. All rights reserved.
This content last refreshed on 5/15/2024 8:34 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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